TMSG links Federation revenue’s 14.3 per cent surge in early 2026 to President Tinubu’s effective policies

The Tinubu Media Support Group (TMSG) has described the nearly N500 billion year- on-year increase in federation revenue in the first two months of 2026 as a classic reflection of the efficacy of the policies and programmes of the Tinubu administration.

In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, TMSG noted that federal allocations to all tiers of government in January and February 2025 were N1.703 trillion and N1.678 trillion respectively, while those of the first two months of the year stood at N1.969 trillion and N1.894 trillion respectively.

“The surge in federation revenue since the commencement of President Bola Tinubu has continued with the country starting on a good note. Official records show that disbursements to all three tiers of government in January and February 2026 rose to N1.969 trillion and N1.894 trillion from N1.703 trillion and N1.678 trillion.

“This represents an increase of N482 billion, or about 14.3 per cent growth in net distributable revenue to all the tiers of government.

“For us, it is a continuation of the success story of an administration which has, since assuming office, introduced policies and programmes targeted at restructuring and making it more resilient.

“We also see a reflection of improved revenue collection aside from a stronger revenue generation performance which has invariably led to a further increase in statutory allocations to sub-nationals,” the statement added.

TMSG further argued that the revenue surge as well as increased allocations imposed a major duty of improved welfare of the citizenry on state and local government authorities.

“We are aware that in the last two years, monthly disbursements from the Federation Accounts Allocation Committee (FAAC) to all three tiers of government have doubled and with a further 14.3 per cent increase in distributable revenue, it is clear that the sub-nationals are getting more than what they previously received.

“And coming at a time that the World Bank has suggested that more needs to be done by governments at all levels to bridge the poverty gap, it would not be out of place to urge the sub-national governments to heed the call repeatedly made by President Tinubu to them to prioritise the welfare of people in their respective domains.

“We believe this is the only way that Nigerians will really feel the positive effect of the Tinubu reforms that have led to a surge in federation revenue and improved the liquidity of the subnationals,” it said.

The group maintained that with the bulk of the populace living in the various states of the federation, the real impact of policies executed by the sub-nationals geared towards reducing poverty will be better felt and overwhelmingly appreciated by all and sundry.